Social Sciences, asked by nimmy70, 1 year ago

discuss the concept of economic reforms?​

Answers

Answered by Godfreymalekar
2

Al ready to leave at like midnight and I have to be a good day and I have to be there in a few minutes ago but I have to be k I have to do with it but I don't know emerging you are a good day at work now so I don't know what I want a relationship with me and my mom and she said that I owe him for the rest is up with me and you know how much I love u so bad for him but I'm going to be with you I don't have a great night

Answered by Ranveer2019
3

one of the hallmarks of a modern, as opposed to a traditional, society, is that it is constantly seeking to improve the way it functions. One thing this often implies is the creation of new institutions, such as that which your forebears whom we are saluting today created 50 years ago. At other times it seeks to change the way its existing institutions function, i.e. to reform. But the concept of what constitutes reform is not static. Nowhere is this more obvious than with regard to economic policy. When I was young, nationalization and planning would have been classified as reforms in my country. I suspect that I.G. Patel, whose illustrious career we are also celebrating today, would have agreed with the dominant opinion in India at that time in considering the introduction of import protection and small-scale industry reservation to constitute reform. Today, in contrast, when India's new government declares its intention of pursuing an agenda of economic reform, the phrase suggests policies like privatization, trade liberalization, and the removal of barriers to competition, policies with which I suspect I.G. nowadays has some sympathy.

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